On September 10, 2024, Scott Erickson, the Chief Revenue Officer of Clearwater Analytics Holdings Inc (CWAN, Financial), sold 3,890 shares of the company. The transaction was documented in an SEC Filing. Following this sale, the insider now owns 4,844 shares of Clearwater Analytics Holdings Inc.
Clearwater Analytics Holdings Inc specializes in providing investment data management and reporting solutions. The company's services cater to asset managers, insurance companies, and large corporations, offering them clear, actionable insights into investment portfolios, risk management, and compliance.
Over the past year, the insider has sold a total of 129,874 shares and has not made any purchases. This recent sale is part of a broader trend observed within the company, where there have been 48 insider sells and no insider buys over the past year.
Shares of Clearwater Analytics Holdings Inc were trading at $23.75 on the day of the sale. The company has a market cap of approximately $5.15 billion. According to the GF Value, the stock is currently Fairly Valued, with a price-to-GF-Value ratio of 1.11.
The GF Value is calculated based on historical multiples such as price-earnings ratio, price-sales ratio, price-book ratio, and price-to-free cash flow, adjusted by a GuruFocus factor based on past returns and growth, and future business performance estimates from Morningstar analysts.
This insider sale could be of interest to investors monitoring insider behaviors as an indicator of corporate confidence and potential future stock performance.
This article, generated by GuruFocus, is designed to provide general insights and is not tailored financial advice. Our commentary is rooted in historical data and analyst projections, utilizing an impartial methodology, and is not intended to serve as specific investment guidance. It does not formulate a recommendation to purchase or divest any stock and does not consider individual investment objectives or financial circumstances. Our objective is to deliver long-term, fundamental data-driven analysis. Be aware that our analysis might not incorporate the most recent, price-sensitive company announcements or qualitative information. GuruFocus holds no position in the stocks mentioned herein.
